Apple (AAPL) chip supplier Avago Technologies (AVGO) is in advanced talks to acquire Broadcom (BRCM), according to multiple reports. “It isn’t clear what terms the companies are discussing or when a deal could be inked — if there’s one at all,” reported the Wall Street Journal, which broke news of the talks. Bloomberg and Reuters also reported a deal was close, with some saying an agreement could be announced Thursday. Broadcom has a market cap
Efforts to sell its all-electric vehicles directly to the consumer has been an up-and-down ride for Tesla Motors (TSLA). Several states have had bills signed into law that ban Tesla from selling vehicles directly to consumers from company-owned showrooms. That’s ignited a debate about whether state dealer franchise laws are pro- or anti-consumer, says a research report from Morgan Stanley. The answer, said Morgan Stanley analyst Adam Jonas, is
Splunk’s (SPLK) Q1 earnings, out after the close Thursday, are expected to show that the company has continued to thrive on an ever-rising need for data analytics. The company is the leading provider of machine-to-machine data analytics software, which helps companies locate bottlenecks in their software applications and data networks. A growing number of companies also use the software to find security breaches in their networks. Splunk stock was